I saw the headline and didn’t even bother to read it. The headline was enough for me to laugh. Almost every single credible economist out there is pretty much saying the real estate market will suck for at least another year. Anyone that held out this long would be quite foolish to run out and buy now. I look at houses out there for sale w/owners who are maxed out and can’t reduce that will be bank owned by year end. The more inventory, the lower the price. Why overextend yourself now, knowing if you buy, you will lose equity upon signing docs.
